Cash Reserve Ratio in Nigeria remained unchanged at 27.50 percent in July from 27.50 percent in June of 2022. source: Central Bank of Nigeria

Cash Reserve Ratio in Nigeria averaged 15.19 percent from 2007 until 2022, reaching an all time high of 31 percent in May of 2015 and a record low of 1 percent in April of 2009. This page provides - Nigeria Cash Reserve Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Cash Reserve Ratio - values, historical data and charts - was last updated on July of 2022.

Cash Reserve Ratio in Nigeria is expected to be 27.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Cash Reserve Ratio is projected to trend around 25.00 percent in 2023, according to our econometric models.

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Nigeria Cash Reserve Ratio



Related Last Previous Unit Reference
Interest Rate 13.00 11.50 percent May 2022
Cash Reserve Ratio 27.50 27.50 percent Jul 2022
Interbank Rate 10.10 10.10 percent Jul 2022
Money Supply M1 20608106.85 19850944.01 NGN Million May 2022
Money Supply M0 3331796.22 3308553.20 NGN Million May 2022
Money Supply M2 48555975.14 47213250.48 NGN Million May 2022
Foreign Exchange Reserves 39090.00 38540.00 USD Million Jun 2022
Deposit Interest Rate 4.44 4.41 percent Apr 2022
Money Supply M3 46542025.44 45654456.11 NGN Million Apr 2022
Lending Rate 11.83 11.84 percent Apr 2022